11:31 AM EDT, 09/20/2024 (MT Newswires) -- FedEx's ( FDX ) disappointing fiscal Q1 earnings reflected both slack demand and underperformance on cost savings, Oppenheimer said Friday in a report. The $390 million from the company's DRIVE initiative to reduce expenses trailed the implied run-rate of the fiscal 2025 guidance of $2.2 billion, Oppenheimer said. Revenue eased in the quarter...

11:36 AM EDT, 09/20/2024 (MT Newswires) -- Shuttle Pharmaceuticals Holdings ( SHPH ) said in a filing with the US Securities and Exchange Commission that it is offering common shares, pre-funded warrants to buy shares, and warrants to purchase shares. The company did not disclose the terms of the offering including pricing and number of shares, pre-funded warrants and warrants....

12:11 PM EDT, 09/20/2024 (MT Newswires) -- JPMorgan Chase ( JPM ) has started testing a new credit card internally as it looks to expand its products in the UK, Bloomberg News reported Friday, citing people familiar with the matter. This product has been under development for over a year and senior executives at JPMorgan ( JPM ) have been...

LONDON, Sept 30 (Reuters) - Canadian fund Brookfield reaffirmed its interest in a potential takeover of Spanish drugmaker Grifols and requested more time to complete due diligence for its possible bid, two sources with knowledge of the matter said on Monday. Brookfield sent a letter on Monday to the board asking for a few more weeks to complete the process...